compound interest calculation

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  • Dave

    compound interest calculation

    I need a calculation that allows for monthly calculations

    Dave


  • Nicholas Paldino [.NET/C# MVP]

    #2
    Re: compound interest calculation

    Dave,

    You are going to have to do that yourself, or get a third party library
    that does it (I am sure there are some out there). There is nothing like
    that in .NET out of the box. Then again, it's probably very easy.

    Hope this helps.


    --
    - Nicholas Paldino [.NET/C# MVP]
    - mvp@spam.guard. caspershouse.co m

    "Dave" <davef@helixpoi nt.com> wrote in message
    news:O%23YaTqMr FHA.2924@TK2MSF TNGP10.phx.gbl. ..[color=blue]
    >I need a calculation that allows for monthly calculations
    >
    > Dave
    >[/color]


    Comment

    • Dave

      #3
      Re: compound interest calculation

      That did not help me?


      "Nicholas Paldino [.NET/C# MVP]" <mvp@spam.guard .caspershouse.c om> wrote in
      message news:uJIlGvMrFH A.2924@TK2MSFTN GP10.phx.gbl...[color=blue]
      > Dave,
      >
      > You are going to have to do that yourself, or get a third party library
      > that does it (I am sure there are some out there). There is nothing like
      > that in .NET out of the box. Then again, it's probably very easy.
      >
      > Hope this helps.
      >
      >
      > --
      > - Nicholas Paldino [.NET/C# MVP]
      > - mvp@spam.guard. caspershouse.co m
      >
      > "Dave" <davef@helixpoi nt.com> wrote in message
      > news:O%23YaTqMr FHA.2924@TK2MSF TNGP10.phx.gbl. ..[color=green]
      >>I need a calculation that allows for monthly calculations
      >>
      >> Dave
      >>[/color]
      >
      >[/color]


      Comment

      • Jon Skeet [C# MVP]

        #4
        Re: compound interest calculation

        Dave <davef@helixpoi nt.com> wrote:[color=blue]
        > That did not help me?[/color]

        Well, it would help if you'd ask a question about .NET or C#. It
        *sounds* pretty much like homework - or maybe getting the maths right.
        Once you've worked out how to express what you want in maths rather
        than business terms, the answer is likely to be very straightforward .

        Hint: it may well involve using Math.Pow...

        --
        Jon Skeet - <skeet@pobox.co m>
        Pobox has been discontinued as a separate service, and all existing customers moved to the Fastmail platform.

        If replying to the group, please do not mail me too

        Comment

        • JP

          #5
          Re: compound interest calculation

          Here it is :
          p=p(1+(i*r/100))^n

          p - principle
          i - interval
          r - rate of interest
          n - number of intervals

          Hope this helps

          Cheers,
          JP
          ------------------------------------------------------------------
          A program is a device used to convert,
          data into error messages
          ------------------------------------------------------------------
          "Dave" <davef@helixpoi nt.com> wrote in message
          news:O%23YaTqMr FHA.2924@TK2MSF TNGP10.phx.gbl. ..[color=blue]
          >I need a calculation that allows for monthly calculations
          >
          > Dave
          >[/color]


          Comment

          • JP

            #6
            Re: compound interest calculation

            Here it is :
            p=p(1+(i*r/100))^n

            p - principle
            i - interval
            r - rate of interest
            n - number of intervals

            Hope this helps

            Cheers,
            JP
            ------------------------------------------------------------------
            A program is a device used to convert,
            data into error messages
            ------------------------------------------------------------------
            "Dave" <davef@helixpoi nt.com> wrote in message
            news:O%23YaTqMr FHA.2924@TK2MSF TNGP10.phx.gbl. ..[color=blue]
            >I need a calculation that allows for monthly calculations
            >
            > Dave
            >[/color]


            Comment

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